Monday 2 May 2016
 
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BBK launches $265m convertible bond issue

Bahrain-based Bank of Bahrain and Kuwait (BBK) has launched a BD100 million ($265.3 million) convertible bonds issue to boost its capital ratios, said a report in the Gulf Daily News (GDN), our sister publication.  

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Tunisia to issue $1bn euro-denominated bonds

Tunisia is preparing to issue Euro-denominated bonds worth €750 million to €1 billion ($833.48 million to $1 billion) within a few weeks, a government official told Reuters on Friday.   "We will go

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BBK plans bonds issue to raise $265m

Bank of Bahrain and Kuwait (BBK), Bahrain’s fourth-largest bank by assets, is raising its capital by BD100 million (approximately $265 million) through an issue of convertible bonds, it has emerged. The proposal to launch the convertible

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Islamic Development Bank in talks for Q1 sukuk issue

Jeddah-based Islamic Development Bank (IDB) has invited banks to pitch for roles in arranging a potential dollar-denominated sukuk, sources familiar with the matter told Reuters on Thursday.   The AAA-rated IDB i

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Top Bahraini executive featured on computing magazine

Leading Bahraini technology executive Dr Jassim Haji has been featured on the cover of a special issue of regional computing and technology magazine Computer News Middle East. A citation by the magazine said Dr Haji was chosen for the year-end

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Top Bahraini executive featured on computing magazine

Leading Bahraini technology executive Dr Jassim Haji has been featured on the cover of a special issue of regional computing and technology magazine Computer News Middle East. A citation by the magazine said Dr Haji was chosen for the year-end

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Takaful Emarat raises $13m during first rights issue

Takaful Emarat, the Dubai Financial Market-listed, shariah-compliant life and health insurer, has raised Dh50 million ($13.6 million) during the first tradable rights issue for a takaful insurance company in the UAE.  

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Bahrain issues special stamps to mark National Day

Three commemorative stamps have been issued by the Transportation and Telecommunications Ministry to mark Bahrain’s 44th National Day and the 16th anniversary of His Majesty King Hamad’s accession to the throne, said a report in th

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QIB plans roadshow for possible sukuk issue

Qatar Islamic Bank will hold investor meetings in Asia, the Middle East and Europe starting on October 16 for a possible benchmark offer of US dollar-denominated Regulation S senior sukuk, leads said on Wednesday.  

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Takaful Emarat to raise capital through rights issue

Takaful Emarat, a Dubai Financial Market-listed, shariah-compliant life and health takaful provider, has invited shareholders to subscribe to its rights issue, which will increase its capital by Dh50 million ($13.6 million) initially. 

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